New York Statutes

§ 507 — Interim distributions

New York § 507
JurisdictionNew York
Law LLCLimited Liability Company Law
Art. 5Contributions and Distributions

This text of New York § 507 (Interim distributions) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.Y. Limited Liability Company Law § 507 (2026).

Text

§ 507. Interim distributions. Except as provided in this chapter, to\nthe extent and at the times or upon the happening of events specified in\nthe operating agreement, a member is entitled to receive distributions\nfrom a limited liability company before his or her withdrawal from the\nlimited liability company and before the dissolution and winding up of\nthe limited liability company.\n

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Bluebook (online)
New York § 507, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/LLC/507.